So after starting the year of with a new plan I recently have started trading alot smaller - without any leverage and the setups I trust - After the market mystery in January I took a huge loss the day after the course and decided to take a couple of week of and enjoy my holiday ..
February trades has been like this:
31 trades - 5 of them were losing trades but the biggest loss was -152 $ - A HUGE bonus for me..
Total profit after commision on the month so far is 567$ wich is pretty decent with a 2000$ account..
This is what I thought... My account has been very strange as Alliance Trading has had problems with their backoffice so I havn't been able to track the trading last week and my equity was suddenly way down.
I have been trading low priced stocks under $1 alot and find out that I had paid commissions and trade fees for 1129,69 dollars over a 2 week periods with 31 trades - I find out that they have this pricing:
Stocks priced below $2.00 are charged a rate of $4.95 per trade up to 1,000 shares and $0.00495 per unit thereafter. This is offcourse a huge problem wich I found out too late
Ive traded and watched the market alot less and feel actually that has been helping with making better trades and not getting overwhelmed as much as before..
Has anyone got a broker tips with low fee that is offshore as I am from Norway? Or is this regular pricing so I just have to get over it?